Author Question: Changes in the expected future price level: a. Shifts the short run aggregate supply curve upward. ... (Read 177 times)

ETearle

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Changes in the expected future price level:
 a. Shifts the short run aggregate supply curve upward.
 b. Shift the long run aggregate supply curve to the right.
 c. Shift short run aggregate supply curves upward and long run aggregate supply curves to the right.
  d. Do none of the above

Question 2

Wealth is considered to be a nonincome determinant of consumption.
 a. True
  b. False
  Indicate whether the statement is true or false



ririgirl15

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Answer to Question 1

b

Answer to Question 2

True



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